Persistent inflation globally, coupled with a rise in natural disasters, continued disruptions in global operations and shifting political conflicts have exacerbated the challenges facing ...

Micro-captives are also known as 831(b) plans or small captive insurance. I’ve witnessed the confusion and misinformation surrounding micro-captives, and it's time to set the record straight on ...

Considers Standard Insurances v. IRS where a taxpayer sought declaratory and injunctive relief in the U.S. District Court ...

The IRS is cracking down on the use of so-called micro-captive insurance—a way for companies to insure themselves—as tax shelters, as it bolsters enforcement efforts aimed at wealthy individuals and ...

The Internal Revenue Service is proposing to restrict access to micro-captive insurance as a way to crack down on tax fraud, but at a time when some traditional insurance providers are backing away ...

The National Council of Insurance Legislators is not happy with a proposed federal regulation to crack down on micro-captive insurance companies. The proposed regulation, put forth by the Treasury ...

Native American tribes and small businesses alike are counting on Congress to step in. In September of this year, the Senate Finance Committee held a hearing to consider Marjorie Rollinson's ...

The Internal Revenue Service and the Treasury Department proposed regulations to identify micro-captive transactions as abusive tax transactions after the Supreme Court ruled against the IRS in a case ...

As the founder of Financial Management Services of America LLC, with offices in Louisiana, Florida, Iowa and Texas, I know how difficult it is for small businesses to find affordable, flexible ...